Fidelity Enhanced Mid Cap Core ETF (FMDE)

Fidelity Enhanced Mid Cap Core ETF (FMDE) is an exchange-traded fund in the Mid Cap Blend category. It has $8.22B in assets, an expense ratio of 0.23% and a 1.04% dividend yield. The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors.